The Traderszone Network

Published in TZ Latest News 3 May, 2017 by The TZ Newswire Staff

Foreigner trading stocks – Tax implications

Hi,
I’m going offshore next year and giving up the Green Card.
I’ll hold dividend-paying stocks at IB, and will trade infrequently.
I think dividends is the kind of passive income that gets taxed at 30% flat rate to foreigners, at least if I hold stocks in a US-based account. Cap gains seem to be 0% for some reason…? There are tax treaties, but you still pay 30%. On the other hand I read on this forum how foreigners (from tax-friendly jurisdictions like Dubai) open US stock accounts and…

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